A and B are partners sharing profit and loss in 2 : 1 ratio. They admitted C who agreed to contribute Rs. 50,000 towards his capital. The future profit sharing ratio of A, B and C is 2 : 3 : 3 respectively. C agreed to transfer Rs. 15,000 for Goodwill from his capital account. A's capital account will be credited by
A. Rs. 15,000
B. Rs. 16,333
C. Rs. 16,667
D. Rs. 17,333
Answer: Option C
This Question Belongs to Commerce >> Accounting
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